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SEC not targeting USDT

TL;DR Breakdown Bitfinex top executive says SEC is not targeting Tether Says the Stablecoin is in compliance with all KYC and AML regulations A top executive of Bitfinex, Paolo Ardoino, has come out to pour cold water on the thoughts that US financial regulators, Securities and Exchange Commission (SEC) could be coming after Tether next. […]

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Cardano Price Analysis: 31 December

Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice The short-term market for most altcoins has been noting a wave-li The post Cardano Price Analysis: 31 December appeared first on AMBCrypto.

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Did Tether dominate the stablecoin market again? Here’s the stablecoin report for 2020

Despite a tumultuous 2020, stablecoins not only managed to stay ahead, but showed considerable growth and industry penetration. From a COVID-induced black swan event to an explosion in DeFi to Bitcoin The post Did Tether dominate the stablecoin market again? Here's the stablecoin report for 2020 appeared first on AMBCrypto.

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BitGo reaches truce with OFAC

TL;DR Breakdown BitGo pays over $90,000  fine to OFAC. Talks between the crypto firm and PayPal have broken down. BitGo has been able to settle with a regulatory body in charge of financial intelligence and enforcement in the United States, Office of Foreign Assets Control (OFAC). The body had imposed an enforcement action against the […]

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Stellar price prediction: XLM to make a run for $0.293, analyst

TL;DR Breakdown Stellar price prediction expects a rise to $0.293. Strong support found at $0.124 Strong resistance currently found at the $0.138. The Stellar price prediction by Contemplating Crypto suggests that the cryptocurrency’s price will hit the $0.293 mark in a long-term trade. While the cryptocurrency currently trades inside a falling parallel channel, the analyst […]

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Polkadot price climbs above $8.00 as bulls dominate the markets

TL;DR Breakdown Polkadot price currently at $8.267 Price shows consolidation in short term but bulls dominate the markets Mid-term charts suggest a drop in price volatility Polkadot (DOT) price has climbed above the $8.00 mark as strong bullish momentum has assisted DOT to break through multiple resistance levels. The broader crptocurrency market sentiment is bullish […]

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Ripple, XRP, BitMEX, OKEx: Why 2020 saw cryptocurrency litigation become a defining trend

2020 has been a year of great progress for cryptocurrencies. However, the same cannot be said for crypto-businesses, with these entities facing certain roadblocks this year. A recent example of the sa The post Ripple, XRP, BitMEX, OKEx: Why 2020 saw cryptocurrency litigation become a defining trend appeared first on AMBCrypto.

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Bitcoin market cap crosses $500 billion

TL;DR Breakdown Bitcoin market cap is now over $500 billion This makes it the biggest financial service in the world If anyone had foreseen that the Bitcoin price was going to be hitting above the $25k mark earlier this year, such a person would have been derided and he would have been labeled a joker. […]

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Bitcoin Cash price prediction: BCH to hit $375 resistance next, analyst

TL;DR Breakdown Bitcoin cash price prediction expects further rise. Strong support is found at $335. Strong resistance is found at the $365 mark. The Bitcoin Cash price prediction by Solldy suggests a rise towards the $375 resistance. The cryptocurrency moved to the $340 mark on the 31st of December after turning bearish. 1-Day Bitcoin Cash […]

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Litecoin price prediction: LTC in correction

TL;DR Breakdown Litecoin price prediction expects a corrective price movement. Strong support is found at $122. Strong resistance is found at $132. Litecoin started off the year with a value of $39. Litecoin had some violent fluctuations throughout the year and went as low as $30. However, like other major cryptocurrencies, Litecoin has been on […]

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Polkadot token now the 6th largest by market cap

TL;DR Breakdown Polkadot token price is rising  Gavin Wood posits that 2021 would be a massive year for the protocol. One of the revelations of the crypto world this year has been the Polkadot ecosystem. Many have labeled the platform as “Ethereum’s killer.” Instead, it has proven to be a reliable complement to Ethereum as […]

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Tezos Price Analysis: 31 December

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The price of most altcoins has been mirroring the price movement The post Tezos Price Analysis: 31 December appeared first on AMBCrypto.

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Coinbase sued for listing XRP

TL;DR Breakdown Coinbase user files lawsuit against the crypto exchange firm for listing XRP Major crypto exchange firms have made plans to suspend trading Ripple token A disgruntled customer of crypto exchange company, Coinbase, has filed a lawsuit against the firm claiming that the exchange company sold him “securities” in the guise of Ripple’s XRP […]

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Ripple price resists delisting

TL;DR Breakdown Ripple price stays above $0.20 despite major crypto exchange firms delisting. XRP enjoys support from Japan who refuses to classify it as a security. Despite the large numbers of crypto exchange firms that have announced delisting Ripple’s native token, XRP, the asset’s price has still managed to stay above the $0.20 level. Binance […]

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XRP price prediction: to recover to $0.23

TL;DR Breakdown XRP price prediction expects $0.21 support to hold Bulls and bears find an equilibrium Volatility remains sky-high XRP price hit by Binance.US delisting but resists price drop Technical indicators switch to ‘buy’ for the first time since the SEC lawsuit announcement Unfortunately, the Binance.US delisting bombshell hindered XRP price climbing to $0.25 as […]

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Ripple price resists delisting

Ripple price stays above $0.20 despite major crypto exchange firms delisting. XRP enjoys support from Japan who refuses to classify it as a security. Despite the large numbers of crypto exchange firms that have announced delisting Ripple’s native token, XRP, the asset’s price has still managed to stay above the $0.20 level. Binance US is […]

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Cryptocoins that give cryptocurrencies a bad name

TL;DR Breakdown  Cryptocurrencies are booming, and new people are looking into them.  Coins like the One coin and FLik have ruined cryptocurrencies rep.  Checking if a coin has a blockchain could help you avoid scams.  Cryptocoins that give cryptocurrencies a bad name   This season has been a great one for cryptocoins like Bitcoin, XRP, and […]

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